Imran Khan
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in fact asia should have own euro man all the damn asia
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This need to be start at some point and yes we can do it because we are gold producing country and we can make it step by stepDo you have enough gold to go back old system and make it work??
China, Russia, and Qatar all have common interests. Which is to improve their economy against US trade war.
Same question can be asked with Europe. Why would France want to have the same currency as sh*t countries like Lativia, Estonia, and Lithuania?
This need to be start at some point and yes we can do it because we are gold producing country and we can make it step by step
Every system is replaceableGold backed currency has its own flaws. Not much money to go around. No way to control inflation. You can hoard gold and reduce the money supply. It is not flexible for modern service oriented economy.
in fact asia should have own euro man all the damn asia
its can be asianaasia should have rupio or dinaro or tanka instead of euro .
Like euro???Pakistani Rupee is a failing currency. Turkish Lira is a also falling currency. There are many currencies out there which are also failing. US is imposing sanctions against every country not sucking up to it. The “China” block of countries is taking a hit. So we should solve our currency problems to ensure strong competition against the United States and it’s future trade wars against our countries. We need a new currency that will kill the dollar into shreads. This currency should be shared uniformly by the “China” allies. Likewise to the Euro, this currency should be the standard for dozens of countries. For every form of trade, business, banking, sales. It should be used by every individual. People should earn and spend only using this currency.
What countries should use this currency?
-China
-Pakistan
-Turkey
-Iran
-Qatar
-Russia
-Tajikistan
-Kazakhstan
-Turkmenistan
-Uzbekistan
-Kyrgyzstan
-Plus more
View attachment 493365
What should be the name of the new currency? Few options but not limited to.
-Dirham
-Dinar
-Mal
-Harir
-Sil
New Recruit
I agree a better proposal would be greater internationalisation of the Yuan over time. Other nations can hold it as reserve for stability, currency basket like SDR, etc. It won't be over night but a process. There are certain reforms and adjustments China has to make first.You lose control over your currency, you your sovereignty.
Your idea sounds good from an idealistic point of view; however falls short on actual reality.
The Euro worked as a currency because there was a centralized governance model. Your collection of countries will not gel.
Another alternative would be to push for the Chinese Yuan to become an alternative global reserve currency. Then you may have an alternative to the hegemony of the US $$.